Holiday packages from employers to improve national tourism: Kazakh Vice PM
Kazakhstani Ministry of Industry and New Technologies proposed an alternative to free holiday packages.
India's Reliance looking into black market for World Cup tickets
India's largest private company Reliance Industries said it was investigating how costly World Cup tickets it had bought ended up on the Brazilian black market.
Silicium Kazakhstan to reopen after scandalous shutdown
Scandalously closed Silicium Kazakhstan plant will be reopened by the end of this summer.
Samsung Electronics flags 25% plunge in Q2 profit
Samsung estimated Tuesday that its operating profit would plunge nearly 25 percent on year in the second quarter of 2014, as cheap Chinese devices and a strong won hammered down its share of the global smartphone market.
Twitter buys mobile ad firm Tap Commerce
Twitter announced that it has cut a deal to buy mobile ad firm Tap Commerce to bolster money-making tools at the popular one-to-many messaging service.
BNP fined $8.9 bn for breaking US sanctions on Iran, Sudan
BNP Paribas pleaded guilty to US criminal charges of violating sanctions on Iran and Sudan for eight years and was fined a record $8.9 billion.
China state copper firm chief jumps to his death: report
The head of a $2.0-billion Chinese copper producer fell to his death from a building, the firm announced Wednesday, and a state-run newspaper said he committed suicide following corruption allegations.
Fosun goes to Hollywood with Studio 8 investment
Shanghai-based conglomerate Fosun International said it would take a stake in new US media company Studio 8, marking a rare investment by a Chinese firm in Hollywood.
Google's Nest to buy Dropcam for $555 mn
Google's Nest Labs said it was buying video monitoring startup Dropcam for a reported $555 million in cash.
American Airlines, owed $750 mn, trims flights to Venezuela
American Airlines, owed some $750 million by Venezuela, said Tuesday it was sharply reducing flights to the South American nation from July after the two sides failed to read a deal, a spokesman said.
Hong Kong steel firm pays $470 mn for 5-star Paris hotel
A Hong Kong steel investment firm said it has agreed to pay almost $470 million for the five-star Paris Marriott Hotel Champs-Elysees, as it targets Chinese tourists' desire for luxury travel.
Shell reduces holding in Woodside
Royal Dutch Shell on Tuesday announced it was reducing its stake in Australia's Woodside Petroleum, selling Aus$5.3 billion (US$5.0 billion) in shares as it focuses its Australian growth in directly-owned assets.
Medical device maker Medtronic to buy Covidien for $42.9 bn
US medical-device maker Medtronic will buy its Irish-based competitor Covidien for $42.9 billion, the company said.
China Eastern to buy 80 Boeing 737s
US aerospace giant Boeing said Friday that China Eastern Airlines has agreed to buy 80 737 aircraft, its biggest single-aisle purchase to date by a Chinese airline.
Kyrgyzstan grants gold mine operating permits to Centerra
Kyrgyzstan has granted a gold mine operating permit to Canada's Centerra Gold, barely making the deadline for a threatened shutdown of operations.
Celine Dion's husband steps down as manager after 30 years
For the first time in her career, Canadian songstress Celine Dion has appointed a new manager, as her husband steps down from the position he has held for more than 30 years.
Japan's Dai-ichi Life to buy US firm for $5.7 bn
Dai-ichi Life Insurance said Wednesday it would buy US-based Protective Life for $5.7 billion in a record deal, the latest overseas takeover by a Japanese firm to counter a declining market at home.
France says proposed US fine on BNP Paribas 'unreasonable'
France's foreign minister on Tuesday labelled as "unreasonable" a $10-billion-dollar fine the US is reportedly seeking from BNP Paribas bank on charges of violating sanctions on Iran, Sudan and Cuba.
El Salvador joins cut-rate oil grouping
El Salvador on Monday announced it has joined Petrocaribe, the Venezuelan energy subsidy program that gives access to cut-rate oil.
New Apple software brings Macs and iPhones closer
Apple on Monday unveiled new operating software it hopes will create a seamless experience for users flitting between its coveted mobile devices and popular Macintosh computers.